PPL

PPL
D

PPL

Arincen43/100B

If you had invested in PPL ago, it would be worth $1,642 today, against $4,096 in SPY and $6,368 in QQQ.

ArincenArincen ScoreBeta

43/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash0

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation7.5

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength0

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

PPL key facts

Style
Dividend stock · 6.8/10Growth 4.8 · Value 5.2 · Dividend 6.8
Day range
35.300 – 35.550
52-week range
31.560 – 40.110
Market capitalization
26.61B USD
P/E
20.09
PEG ratio
1.57
EPS
1.76
Div Yield
3.22%
EPS growth forecast (FY2026)
+7.6%
Volume
10,038
Beta
0.57
ESG score
62.7/100Environment 54 · Social 62 · Governance 72
Sector
Utilities
Industry
Regulated Electric
CEO
Vincent Sorgi
Employees
7K
Website
pplweb.com
IPO date
17 Mar 1980

PPL earnings

Next earnings · Q4 FY2026
EPS estimate
0.47 USD
Revenue estimate
2.46B USD
Last quarter · Q3 FY2026
EPS0.54Beat +1.7%Revenue2.50BBeat +3.5%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20280.59———2.51B———
Q2 FY20280.46———2.51B———
Q1 FY20280.78———2.51B———
Q4 FY20260.47——+14.63%2.46B——+8.20%
Q3 FY20260.530.54+1.69%+12.50%2.41B2.50B+3.50%+11.52%
Q2 FY20260.340.33-3.11%+3.13%2.19B2.11B-3.62%+4.25%
Q1 FY20260.620.63+2.27%+5.00%2.51B2.77B+10.59%+10.78%
Q4 FY20250.410.41+0.20%+20.59%2.42B2.27B-6.05%+2.85%
Q3 FY20250.460.48+4.42%+14.29%2.05B2.24B+8.96%+8.37%
Q2 FY20250.390.32-16.95%-15.79%1.81B2.03B+11.61%+7.66%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

PPL analyst forecast

12-month price target
39.79 USD
+12.54%

Analysts' 1-year price targets range from 35.00 to 44.00, with an average of 39.79.

Past year
1-year forecast
Strong sellStrong buy
Buy
11 ratings
Buy
8
Hold
3
Sell
0

12-month price target

Highest target44.00
Average target39.79
Lowest target35.00
Current price35.36

PPL valuation

Price to earnings ratio (TTM)
20.09
Forward P/E (FY2026)
18.16
Price to sales (TTM)
2.76
Price to book
1.75
EV / EBITDA (TTM)
11.66

Capital structure

Market capitalization
26.61B USD
+
Total debt
20.89B USD
−
Cash and short-term investments
393.00M USD
=
Enterprise value
47.10B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)15.39————
FY2027 (est.)16.7115.39———
FY2026 (est.)18.1616.71———
Now (TTM)20.0916.892.761.7511.66
FY202521.8918.002.871.7411.95
FY202427.0517.942.831.7012.60
FY202327.1015.832.401.4312.05
FY202228.6518.502.721.5513.30
FY2021-15.5824.053.971.6711.94

PPL against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Eversource Energy, FirstEnergy, CenterPoint Energy, DTE Energy, Ameren, and Edison International, the US Regulated Electric companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Below its median20.1
    18.836.0
  • Gross marginBelow its median39.1%
    36.5%46.9%
    Against its peers: 4 of 7Peers' median 42.4%
  • Operating marginAbove its median23.6%
    17.4%24.6%
    Against its peers: 2 of 7Peers' median 22.3%
  • Net marginHighest in 5 years13.1%
    -25.6%13.1%
    Against its peers: 3 of 7Peers' median 11.9%
  • Return on equityHighest in 5 years7.9%
    -10.8%7.9%
    Against its peers: 7 of 7Peers' median 10.7%
  • Free cash flow marginLowest in 5 years-15.5%
    -15.5%5.1%
    Against its peers: 6 of 7Peers' median -6.5%
  • Revenue growthAbove its median6.9%
    1.8%36.6%
    Against its peers: 7 of 7Peers' median 12.9%
  • EPS growthHighest in 5 years33.3%
    -201.0%33.3%
    Against its peers: 3 of 7Peers' median 12.7%
  • Debt to EBITDAAt its median5.24×
    4.38×5.35×
    Against its peers: 3 of 7Peers' median 5.90×
  • Current ratioAt its median0.86
    0.752.16
    Against its peers: 2 of 7Peers' median 0.69

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

PPL growth and profitability

Revenue (TTM)
9.66B USD
Net income (TTM)
1.32B USD
Gross margin
26.79%
Operating margin
24.47%
Net margin
13.62%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY20259.04B+6.85%1.18B+33.00%39.05%23.57%13.06%3.70B+15.10%
FY20248.46B+1.80%888.00M+20.00%40.10%20.56%10.49%3.21B+9.78%
FY20238.31B+5.19%740.00M-2.12%39.41%19.61%8.90%2.93B+9.92%
FY20227.90B+36.64%756.00M—36.54%17.39%9.57%2.66B+3.95%
FY20215.78B+5.64%-1.48B-200.75%46.91%24.62%-25.59%2.56B-4.05%

PPL revenue breakdown

By product

FY2025
Kentucky Regulated: 41.0%Pennsylvania Regulated: 34.0%Rhode Island Regulated: 25.1%41.0%Kentucky Regulated34.0%Pennsylvania Regulated25.1%Rhode Island Regulated
SegmentRevenueShare of revenueChange on the year
Kentucky Regulated3.76B41.0%+5.0%
Pennsylvania Regulated3.12B34.0%+8.4%
Rhode Island Regulated2.30B25.1%+13.7%

By region

FY2025
Kentucky Regulated: 41.0%Pennsylvania Regulated: 34.0%Rhode Island Regulated: 25.1%41.0%Kentucky Regulated34.0%Pennsylvania Regulated25.1%Rhode Island Regulated
RegionRevenueShare of revenueChange on the year
Kentucky Regulated3.76B41.0%+5.0%
Pennsylvania Regulated3.12B34.0%+8.4%
Rhode Island Regulated2.30B25.1%+13.7%

How PPL makes its money

Revenue9.04B 100.0%
Cost of revenue5.51B 60.9%
Gross profit3.53B 39.1%
Other operating expenses1.40B 15.5%
Operating income2.13B 23.6%
Tax291.00M 3.2%
Other expense659.00M 7.3%
Net income1.18B 13.1%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

PPL dividends

Annual dividend
1.14 USD
Dividend yield (indicated)
3.22%
Payout ratio
64.06%
Years of dividend growth
4
Frequency
Quarterly
Last payment
0.29 USD
Last ex-dividend date
10 Sept 2026
Last payment date
1 Oct 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share1.081.010.951.071.661.661.651.631.571.52

PPL financial health

Cash and short-term investments
393.00M USD
Total debt
20.89B USD
Net cash
-20.50B USD
Free cash flow (TTM)
-2.09B USD
Current ratio
0.75
Debt to equity
1.37
Piotroski score
4 / 9
Altman Z-score
0.96

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20251.09B19.35B-1.40B
FY2024306.00M16.81B-465.00M
FY2023331.00M15.60B-632.00M
FY2022356.00M14.23B-425.00M
FY20213.57B11.21B297.00M

PPL ownership

Institutions
91.93%
Institutional holders
1,067 (+47)
Free float
99.74%

Who owns the shares

Institutions 91.9% Others 8.1%
As of 30 Jun 2026

Shares free to trade

Free float 750.56M shares ·99.7% Closely held 1.99M shares ·0.3%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q2 20260010.95K33.00K
Q1 2026001.14M701.88K
Q4 20250013.65K30.20K
Q3 20250223.46K46.81K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025740.11M745.14M+0.72%
FY2024737.76M739.85M+0.23%
FY2023737.04M738.17M+0.17%
FY2022736.03M736.90M-3.65%
FY2021762.90M764.82M-0.59%

Source: Financial Modeling PrepVerified against SEC filings

Related Instruments

Title: PPL Corp

Sector: Utilities
Industry: Regulated Electric
PPL is a holding company of regulated utilities in Pennsylvania, Kentucky, and Rhode Island. The Pennsylvania regulated delivery and transmission segment distributes electricity to customers in central and eastern Pennsylvania. In Kentucky, LG&E and KU are involved in regulated electricity generation, transmission, and distribution. LG&E also provides regulated natural gas distribution. Rhode Island Energy operates electric and gas utilities in the state.

Common questions about PPL stock